1605 Spinnaker DrAlpharettaGA30005
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Alpharetta at 1605 Spinnaker Dr, Alpharetta, GA, 30005 earns $36/mo cash flow from $5,198/mo rent with a $4,151/mo payment. Total monthly income totals $5,198/mo, and annual cash flow totals $438/yr on $278,992 capital. ROI tracks 20.22% on current figures, and rental yield reads 7.36% at a $848,000 purchase. Equity gained on principal adds $5,472/yr, and 5% annual appreciation supports $234,287 over five years. Five-year ROI reaches 104.33% and total cumulative return in cash sums $291,066. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,198/mo property income instead of your personal income.
Single Family
Built in 1993
8,537 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30005, Alpharetta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,223 (100%) |
| Owner Occupied HU | 9,558 (62.8%) |
| Renter Occupied HU | 4,861 (31.9%) |
| Vacant Housing Units | 804 ( 5.3%) |
| Median Home Value | $617,169 |
| Average Home Value | $656,577 |
Housing Distribution
Address Breakdown
Residential
14,672
Single Family
11,063
Multi-Family
3,609
Businesses
1,699
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Listed by: Amy T Lynn • BHHS Georgia Properties
Mls Name: GAMLS
Mls ID: #10651644